Equity Mu. Fund inflows fell by 62%, SIP to Rs. 10,000 crore

MUMBAI: Net inflows in equity mutual funds fell by 9 per cent to Rs. 4.5 crore, though net capital inflows remained unchanged for the sixth consecutive month. According to data released by the Association of Mutual Funds in India (AMFI) on Wednesday, net inflows into equity mutual funds declined by 3 per cent in August against a capital inflow of Rs 4.5 crore in July. Equity Mu in August. In the funds segment, the net inflow stood at Rs 4.5 crore against a total investment of Rs 2,62 crore, with a withdrawal of Rs 2,006.05 crore.
Thus, new capital inflows into the equity segment have declined in August compared to July, but investors are continuing to pour in capital as the attraction towards systematic investment plans remains. In August, investors invested Rs 2.15 crore in SIPs.
With this, the total number of SIP folios has increased from 2.15 crore in July to 4.5 crore in August. So the total AUM of SIP has also increased from Rs 4.05 crore to Rs 4.5 lakh crore at present.
In August, the highest inflows were in Flexi Funds at Rs 21.5 crore, Focus Funds at Rs 2,000 crore and Sectoral and Thematic Funds at Rs 1,000 crore. So the new fund offer has raised Rs 4.5 crore in August.
Investors have invested Rs 6.5 crore in debt funds in August as against Rs 108 crore in July.
Thus, the total mutual fund industries received a total net inflow of Rs 2.7 crore in August, compared to a net inflow of Rs 1.18 lakh crore in July. With this Mu. Funds Industries' asset under management (AUM) reached a historic high of Rs 4.5 lakh crore in August, up from Rs 4.5 lakh crore in July.
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